SHARED OWNERSHIP

Heron Place - Duplex

SHARED OWNERSHIP

Heron Place - Duplex

Register interest
Once you have registered your interest, you will receive an email to book your viewing.

Heron Place is a two-bedroom apartment property located on the ground and first  floor in a four storeys block, built around 2010. The lease remaining on the property is 113 years.


There are good transport links with Pontoon Dock DLR station 0.1 miles away, served by DLR linking to Canary Wharf in 20 minutes. Local buses serve the area and the night buses links to Victoria.

Local amenities are located 0.1 miles away in the same building. For leisure and enjoyment, Beckton shopping centre is within 3.1 miles.
  • Nearest Station: Pontoon Dock DLR station (Zone 3) - DLR
  • Bus Routes Nearby: 474, 473
The property located on the ground and first floor comprises:
  • Entrance: Hallway with under stair storage cupboard and entry phone system.
  • Living room: Spacious lounge with lots of natural light. Laminate wood flooring.
  • Open plan kitchen: Beige wall units with beige worktop and plinth back splash. Freestanding appliances in very good condition. Tiled flooring.
  • Bedroom one: Double bedroom. Carpeted flooring
  • Bedroom two: Double bedroom. Carpeted flooring
  • Bathroom: Cream suite comprising panelled bath with shower head, WC and hand washbasin. Tiled flooring.
  • Outside: Large private balcony, parking space, secure cycle storage and communal garden.
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information
  • Tenure: Leasehold
  • Remaining lease term: 113 Years
  • Annual service charge amount: £2,905.20
  • Service charge review period: 1st April annually
  • Council tax band: Band C

Financials*

Full Value

£575,000

Share Price

£143,750

Share Value

25%

Monthly Cost

£1,714

Monthly Mortgage

£745

Monthly Rent

£727

Monthly Service Charge

£242

Minimum Household Income

£63,800

Maximum Household Income

£90,000

Deposit Required

£14,375

*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.

Location

Heron Place, 4 Bramwell Way, London, Newham, E16 2FJ Open in Google Maps

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Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.